Ban on fund charge caps ruled out by Esma – Ignites Europe
…Esma’s approach is likely to mean that different rules will apply to Ucits funds with performance fees being sold into … Continue reading Ban on fund charge caps ruled out by Esma – Ignites Europe
Asset managers ‘should cut fees as assets rise’, says CFA UK – Ignites Europe
Asset managers should embed cuts to funds’ annual charges as assets rise, in a move that would slash firms’ revenues … Continue reading Asset managers ‘should cut fees as assets rise’, says CFA UK – Ignites Europe
Assets in pre-RDR share classes fall to £184bn – Ignites Europe
Investors in UK funds worth £184bn (€214.8bn) are still in higher-charging share classes, despite new rules introduced last year that … Continue reading Assets in pre-RDR share classes fall to £184bn – Ignites Europe
Mifid II pushes fund managers to reduce turnover – Ignites Europe
Equity fund managers are not trading stocks as much as they used to following the introduction of new rules that … Continue reading Mifid II pushes fund managers to reduce turnover – Ignites Europe
Amundi leads industry push for performance fee share classes – Ignites Europe
Amundi is leading a group of European asset managers that are increasingly using share classes with performance fees in response … Continue reading Amundi leads industry push for performance fee share classes – Ignites Europe
Front-office fees fall amid cost tightening – Ignites Europe
Asset managers are being forced to trim costs in the front office as pricing pressure continues to erode their margins. … Continue reading Front-office fees fall amid cost tightening – Ignites Europe
Irish directors wary of new governance rules – Ignites Europe
Irish fund directors have criticised recent measures by the Central Bank of Ireland to force boards to more closely monitor … Continue reading Irish directors wary of new governance rules – Ignites Europe
Fee pressure spreads as M&G reviews Lux range – Ignites Europe
The UK asset manager recently decided to pass on to investors more of the economies of scale in its €37bn … Continue reading Fee pressure spreads as M&G reviews Lux range – Ignites Europe
Diverse performance fee rules ‘worrying’ for firms: research – Ignites Europe
Differing requirements from national regulators in European countries are creating problems for funds with performance fees, new research from Fitz … Continue reading Diverse performance fee rules ‘worrying’ for firms: research – Ignites Europe
Clients willing to pay more for large firms, says UBS – Ignites Europe
…“Aleksandar Ivanovic, global head of client coverage and head of Switzerland at UBS AM, says wholesale intermediaries are prepared to … Continue reading Clients willing to pay more for large firms, says UBS – Ignites Europe